P10-3A  Recording Payroll and Payroll Taxes

Beaumon Corporation had the following payroll for April:

Officers’ salaries                                                                                                                               $34,000

Sales salaries                                                                                                                                      67,000

Federal Income taxes withheld                                                                                                  19,000

FICA taxes withheld                                                                                                                        7,500

Health Insurance premiums withheld                                                                                      1,800

Union Dues withheld                                                                                                                      1,200

Salaries (included above) subject to Federal unemployment taxes                             55,000

Salaries (included above) subject to state unemployment taxes                                  58,000

Required

Prepare Journal entries on April 30 to record:

1. Accrual of the monthly payroll
2. Payment of the net payroll
3. Accrual of the employer’s payroll taxes. (Assume that the FICA tax matches the amount withheld, the federal unemployment tax is 0.6 percent, and the state unemployment tax is 5.4 percent)
4. Payment of all liabilities related to this payroll. (Assume that all are settled at the same time.)